JackTheMimic on Nostr: Blocksize is the scarcity that gives Bitcoin TRANSACTIONS value. Whereas the supply ...
Blocksize is the scarcity that gives Bitcoin TRANSACTIONS value. Whereas the supply cap is the scarcity that gives the coin value. This is why I implore the cypherpunks to learn more about economics and economists to learn more about privacy.
The focus should be Mining. The more you can distribute block template control, the more secure the blocksize becomes. The more centralized mining becomes, the more the blocksize is up for debate.
Published at
2025-02-01 15:15:50Event JSON
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"content": "Blocksize is the scarcity that gives Bitcoin TRANSACTIONS value. Whereas the supply cap is the scarcity that gives the coin value. This is why I implore the cypherpunks to learn more about economics and economists to learn more about privacy.\n\nThe focus should be Mining. The more you can distribute block template control, the more secure the blocksize becomes. The more centralized mining becomes, the more the blocksize is up for debate.",
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